
LogicSource announces the release of its comprehensive LogicSource 2025 Tariff Impact Analysis, guiding businesses dealing with the proposed tariff changes set to impact indirect spend categories. With the first wave of tariffs targeting goods from Mexico, Canada and China scheduled to take effect on January 20, 2025, LogicSource urges companies to act now to reduce risk and maintain operational stability.
"With the uncertainty surrounding upcoming tariff changes, this report highlights the impact to indirect spend categories such as IT, facilities, and corporate services, which many organizations tend to overlook and can represent a significant base of expenses," says Dave Pennino, CEO of LogicSource. "Companies that act quickly and intentionally can take this moment to optimize costs, strengthen supplier relationships, and build long-term stability."
Key Takeaways:
- The report warns of significant cost increases, including potential increases of 20-30% in IT hardware, 15-25% in plastic packaging, and 30-60% in HVAC systems. The report's key findings indicate that these changes could directly affect 90% of IT hardware spend, 80-90% of packaging materials, and 80% of construction and capital equipment.